Calculator

Welcome to the calculator section of our website, we have three different calculators to assist you as follows:

  1. How much can I borrow? Simply put your weekly or monthly budget in and we will calculate how much you can borrow.
  2. What are my payments? If you know how much you need to borrow enter the amount and the desired term and we will work out your payments.
  3. Will I save by consolidating my debts? Enter the balances and payments of your various debts and we will work out if we can save you money.

Please note these payments are indicative only and calculated over a calendar year. Optional insurance and any registration fees have not been included in the calculations. All loan quotes are subject to a full application and all lenders conditions being met, all payments will be confirmed by an Loan Direct representative prior to loan completion.

We do not offer Short Term loans, all Loan Direct loans are for terms of six to sixty months.

Our current interest rates range from 13.95% APR (Annual Percentage Rate) to a maximum APR (Annual Percentage Rate) of 29.95%. The rate offered will depend upon your credit history, security offered and your overall credit profile, all rates are fixed for the term of the agreement.

A typical example of a $3,000 loan through Loan Direct would be as follows:

Loan Amount $3,000
Establishment Fee $295
Weekly Admin Fee $3.46
Payments over 24 months @ 13.95% $39 per week
Total cost payable over 24 Months $4154.88
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